سود اور اس کی مختلف صورتوں کا فقہی جائزہ

Jurisprudential review of Riba and its varied kinds

Abstract

Among the most difficult and complex tasks of Islamic jurisprudence is to
understand the meaning of interest, its ruling, its detailed discussion, and to look
in pros and cons of it.
There is no other issue in the Islamic Sharia which has got more and more
difficult and complex with the passage of time and discussion on the topic. But this
issue has got further and further complex and difficult and it resembles the issue
of fate in the discussion of faith in this regard.
Charging interest is among the major sins in Islam like that of taking partner with
Allah, killing of innocent people, adultery, theft, usury and drinking alcohol etc.
Sometimes interest is included among major sins explicitly like charging more
money back on the loan but sometimes interest is included among smaller sins like
in the case of Aqood e Fasida.
Jurists have classified eleven kinds of interest in the light of the verses of the
Quran and traditions of the holy prophet PBUH. In the following these kinds are
discussed with brief definitions.
Every additional among charged on the loan amount is interest. Similarly, it is
must that we exchange goods or commodities of equal scale in case we are
lending or borrowing loan in the form of goods or commodities. If additional
charge is found out in the scale or measurement then it will be considered as
interest. For example same measure and scale of wheat is to be returned in case
of loan and no additional measure of wheat is permitted at any rate.
The current paper discusses in detail what falls under interest and what doesn’t.